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POLYGON’S Miden RAISES $25M FOR PRIVACY-FOCUSED BLOCKCHAIN Polygon’s ZK-based spin-off, Miden, has raised $25M in seed funding led by a16z Crypto. The project aims to build a privacy-first smart contract platform using zero-knowledge proofs to enhance scalability and user confidentiality. Source: TheBlock
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US DOJ SEEKS 20-YEAR SENTENCE FOR CELSIUS FOUNDER MASHINSKY The U.S. Department of Justice is pushing for a 20-year prison sentence for former Celsius CEO Alex Mashinsky. Prosecutors accuse him of orchestrating a $4.7B fraud scheme that misled users and led to massive losses. Source: Cointelegraph
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BITCOIN ETF INFLOWS NEAR $600M IN 7TH STRAIGHT DAY OF GAINS Spot Bitcoin ETFs saw $591.3M in inflows on April 28, marking the seventh consecutive day of gains and the longest streak since March. BlackRock’s IBIT led with $970.9M in inflows, while other funds like ARKB and GBTC experienced outflows. Total ETF assets now exceed $109B. Source: CoinCentral
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CHINA IS BUYING GOLD AT RECORD PACE China’s gold reserves have surged to a record 2,292T, worth $256.7B, as the country continues aggressively diversifying away from the U.S. dollar. Source: Binance News
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VITALIK OUTLINES TWIN GOALS FOR ETHEREUM FOUNDATION Vitalik Buterin says the Ethereum Foundation will focus on two key goals: Driving real-world usage that leverages Ethereum’s core strengths. Improving decentralization by fixing weaknesses across the tech stack. Source: Vitalik․eth
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